JCI: Strong get stronger (Dealscape

The same economic forces that have wreaked havoc on much of the automotive sector are creating opportunities for Johnson Controls Inc., one of a handful of diversified manufacturers showing signs that it will emerge from the downturn a stronger company.

Milwaukee-based Johnson Controls, a maker of parts and batteries for autos and heating and cooling systems for buildings, reported quarterly net income Tuesday of $300 million on sales of $7.9 billion, compared with net income of $16 million -- including $495 million in restructuring charges -- on sales of $9.3 billion during the same three months of 2008. Though sales are down, the company benefited from its efforts to trim expenses, shut plants and streamline operations.

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285 in-depth reports of Reorganization plans in the Manufacturing sector
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NOT A SUBSCRIBER? JCI: Strong get stronger Posted on October 28, 2009 5:30 AM The same economic forces that have wreaked havoc on much of the automotive sector are creating opportunities for Johnson Controls Inc., one of a handful of diversified manufacturers showing signs that it will emerge from the downturn a stronger company. Milwaukee-based Johnson Controls, a maker of parts and batteries for autos and heating and cooling systems for buildings, reported quarterly net income Tuesday of $300 million on sales of $7.9 billion, compared with net income of $16 million -- including $495 million in restructuring charges -- on sales of $9.3 billion during the same three months of 2008. Though sales are down, the company benefited from its efforts to trim expenses, shut plants and streamline operations. This is a free content preview. Subscribers enjoy access to all stories in full as well as second-to-none market intelligence. Dig deeper, with Pipeline. 285 in-depth reports of Reorganization plans in the Manufacturing sector 255 company pages related to Autos 39 in-depth reports of Reorganization plans in the Transportation sector 19 in-depth transaction records for Johnson Controls 10 years of news and analysis archives from the voice of The Deal Economy Most searched keywords Skadden Arps Idearc Inc. Deutsche Bank Amusement parks Deb Shops Windstream Corp. Concho Resources Hanna Andersson Tween Brands Edward Bastian		EXISTING USERS Username Password Forget your password? Missing a product?

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